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RSA boss resigns from its board [Herald, The (Scotland)](Herald, The (Scotland) Via Acquire Media NewsEdge) The head of British insurer RSA's UK and Western Europe business has resigned ahead of a strategic shake-up, which forms part of former Royal Bank of Scotland chief Stephen Hester's plan to turn the group around. RSA said Adrian Brown, who has worked at the group for 25 years, has stepped down from the board but will stay in his role until a successor is appointed. According to RSA, Mr Brown will take up a new post as executive chairman of underwriting and distribution at AJ Gallagher. The announcement comes after RSA promoted Paul Whittaker, its head of emerging markets, to the newly created role of chief operating officer this week. Mr Whittaker was given a remit to oversee sales of non-core businesses as the group bolsters its balance sheet. RSA is in the middle of a group-wide turnaround after a troubled 2013 marked by accounting irregularities at one of its divisions and high levels of claims driven by extreme weather in key markets. The company's difficulties culminated in several profit warnings in 2013 and the departure of a number of senior figures, including chief executive Simon Lee, who was replaced Mr Hester. "We have an ambitious business plan which now needs to be driven over a time horizon that Adrian could not reasonably commit to," Mr Hester said. RSA shares closed down 0.05p, or 0.05%, at 92.6p. (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |